NASHVILLE, TN— ACE Hospitality is developing a $37.5 million, 245-room dual-branded Marriott project here.
The mixed-use project will consist of a 145-room Residence Inn and a 100-room SpringHill Suites by Marriott. The company plans to break ground by the end of the month and complete the project in 2014.
Marriott International will manage the hotel.
Access Point Financial, Inc., a direct full-service lending and advisory firm focused on the hospitality industry, provided first mortgage financing.